It’s no secret the price of cars has risen dramatically in the past two years, which might leave buyers wondering this holiday season if auto prices are about to come down, or if they’re only headed higher.
Auto prices came into focus anew on Wednesday when Environment Canada released its long awaited zero-emission vehicle mandates, which dictate that 20 per cent of all new cars sold in Canada by 2026 be clean vehicles, rising to 60 per cent by 2030, and 100 per cent by 2035. Zero-emission means battery-powered electric vehicles, unless other technology suddenly emerges.
No point buying an EV if you can’t charge it. But then that’s likely the plan.
